0001193125-14-067265 Sample Contracts

EXECUTIVE GRANT AND SEPARATION AGREEMENT
Executive Grant and Separation Agreement • February 25th, 2014 • Approach Resources Inc • Crude petroleum & natural gas • Texas

This Executive Grant and Separation Agreement (the “Agreement”) is entered into as of December 31, 2013 (the “Separation Date”), by and between APPROACH RESOURCES INC., a Delaware corporation (the “Company”), and STEVEN P. SMART, an individual residing in the State of Texas (“Employee”).

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AMENDMENT NO. 1 TO CRUDE OIL PURCHASE AGREEMENT
Purchase Agreement • February 25th, 2014 • Approach Resources Inc • Crude petroleum & natural gas • Texas

This FIRST AMENDMENT TO CRUDE OIL PURCHASE AGREEMENT (this “Amendment”) is dated as of October 7, 2013, by and among Approach Operating, LLC, a Delaware limited liability company “(AOL”), Approach Oil & Gas Inc., a Delaware corporation (“AOG”) and Approach Resources I, LP (“AR I”; and AOG, AOL and AR I together are collectively referred to herein as, “Approach”), and Wildcat Permian Services LLC, a Texas limited liability company (“Wildcat”). JP Energy Development LP, a Delaware limited partnership (“JPE”) also joins in the execution hereof for the purposes set forth herein. Terms used but not defined herein shall have the meanings ascribed to such terms in that certain Crude Oil Purchase Agreement effective as of September 12, 2012, by and among AOL, AOG and Wildcat (the “Original Agreement”).

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